Virtu Financial Inc (FRA:0VF)
€ 20.2 0 (0%) Market Cap: 1.80 Bil Enterprise Value: 6.75 Bil PE Ratio: 15.98 PB Ratio: 1.67 GF Score: 77/100

Virtu Financial Inc at Goldman Sachs US Financial Services Conference Transcript

Dec 07, 2022 / 07:20PM GMT
Release Date Price: €21.1 (-1.26%)
Alexander Blostein
Goldman Sachs Group, Inc., Research Division - Lead Capital Markets Analyst

So we're going to get started with our next session. I'd like to welcome Doug Cifu, CEO of Virtu Financial. Virtu is one of the largest electronic market makers and execution services firm in the world with a broad presence in both institutional and retail channels. Over the course of 2022, Virtu benefited from a cyclical upturn in volatility while also executing on a number of strategic growth priorities.

In addition, the firm's robust operating margins and high return on investment capital, leaves lots of room for share repurchases, which I know you guys have been much more active in recently as well. So that's becoming a bigger part of the story for the company. So with that, Doug, welcome. Great to see you.

Douglas A. Cifu
Virtu Financial, Inc. - Co-founder, CEO & Director

Good to be here.

Alexander Blostein
Goldman Sachs Group, Inc., Research Division - Lead Capital Markets Analyst

Always good to

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